Discover a gem in the heart of downtown Tamworth—an impeccably maintained historic building brimming with character. Currently operating as the Lyceum, under the ownership of the Tamworth Distilling, this property presents an incredible opportunity with no zoning restrictions. Step inside to find a spacious open concept floor plan. At the heart of the space, a wrap-around bar takes center stage, complemented by a quaint dining area, while an ADA-compliant 1/2 bath and a fully equipped commercial kitchen make it ready for immediate use. Double doors lead to a generous deck area, where you can soak in stunning views of the Swift River—ideal for outdoor gatherings and events. Upstairs, discover a versatile 2–3-bedroom apartment complete with another commercial kitchen, full bathroom, & washer/dryer. Gorgeous wood floors and massive windows flood the area with natural light. A private deck off the kitchen provides an excellent space for indoor/outdoor entertaining and grilling, with stairs to the first-floor deck, while attic access offers potential for expanded living space. This property is perfectly suited for a live-in café, restaurant, retail spot, or event venue. With it's location, you’re just steps away from everything downtown Tamworth has to offer, including the Tamworth Distilling, Barnstormers Theatre, Town Hall, Remick Country Doctor Museum & Farm, and the bustling farmer’s market. Your imagination is the only limit. Don’t miss out on this extraordinary opportunity!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $639 | $639 | $639 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,125 | $4,121 | $5,229 |
Total Monthly Payment | $4,856 | $4,852 | $5,960 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.